On November 2, 2017, the US House of Representatives Committee on Ways and Means released long-awaited draft legislation on federal tax reform. Many of the highlights from the initial tax reform proposal released by the Republican "Big 6" on September 27, 2017 was kept unchanged in the draft legislation. Please contact your local Collins Barrow representative to see how this development may impact you and your US/cross-border business.
Please see the following attachments for the full text of the draft legislation released by the US House of Representatives Committee on Ways and Means as well as a Policy Highlight document that was included in the release:
Tax Reform Draft Legislation - Bill
(PDF)
US Committee on Ways and Means - Policy Highlights
- Nov 2 2017 (PDF)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.